Est. cap rate

3.2%

Assumed rent, all units

$4,820/mo

Units

2

Price per unit

$449,500

Est. annual NOI

$28,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,658 sqft

Lot size

6,098 sqft

Year built

1962

Stories

1

Garage spaces

2

Heating

Wall Furnace,Central

Cooling

None

Pool

None

Status

Active

Days on market

83

MLS #

249264733

About this property

GREAT INVESTMENT OPPORTUNITY TO OWN THIS DUPLEX ON A 6,098 SQFT. LOT WITH LONG-TERM TENANTS IN PLACE! THE PROPERTY HAS BEEN MODERATELY UPGRADED IN RECENT YEARS, INCLUDING A NEW ROOF INSTALLED JUST TWO YEARS AGO. TENANTS IN BOTH UNITS PAY RENT VIA DIRECT DEPOSIT INTO THE OWNER’S ACCOUNT. CONFIGURED AS A FRONT AND BACK HOUSE, THE PROPERTY FEATURES A SHARED ENTRYWAY LEADING TO EACH UNIT. EACH UNIT INCLUDES 2 BEDROOMS, 1 BATHROOM, A COMFORTABLE LIVING SPACE, AND A FUNCTIONAL KITCHEN. THE HOMES OFFER SEPARATE UTILITIES (EXCEPT WATER). LOCATED IN A DESIRABLE AREA WITH EASY ACCESS TO AMENITIES AND TRANSPORTATION, THIS DUPLEX REPRESENTS EXCELLENT VALUE FOR A SAVVY BUYER.

Location

& 3512 W Pine Street

Santa Ana, Orange, CA, 92704